Global Saccharomyces Cerevisiae Market Size By Product Type(Yeast extracts, Yeast autolysates, Yeast beta-glucan), By Application(Food, Bakery, Functional foods, Savory), By Geographic Scope And Forecast
Report ID: 59476|No. of Pages: 202
Global Saccharomyces Cerevisiae Market Size By Product Type(Yeast extracts, Yeast autolysates, Yeast beta-glucan), By Application(Food, Bakery, Functional foods, Savory), By Geographic Scope And Forecast
Saccharomyces Cerevisiae Market Size And Forecast
Saccharomyces Cerevisiae Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.
The global supply of raw materials for Saccharomyces Cerevisiae production can have a significant impact on the production of feed yeast and its extracts. Furthermore, rising demand for food and beverage items will drive market growth. The Global Saccharomyces Cerevisiae Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global Saccharomyces Cerevisiae Market Definition
Saccharomyces cerevisiae (S. cerevisiae) is a single-celled (or unicellular) fungus that is generally referred to as yeast. It is the organism that produces a range of alcoholic beverages, such as beers and wines, as well as baked items, such as slices of bread, and has been cultured by humans for thousands of years. Although brewers and bakers had no idea how S. cerevisiae produced these products, scientists have been studying it extensively since the 1800s in an attempt to better understand its operations. S. cerevisiae is now known to contribute to the formation of alcohol and baked goods through a biochemical process known as fermentation.
One of the first processes explored in the field of biochemistry was yeast fermentation. S. cerevisiae can be found naturally on fruits like grapes and dates, as well as cereals like wheat and barley. Budding is its major mode of reproduction, in which daughter cells sprout directly from the mother cell. Some of the first recognized applications of S. The origins of cerevisiae can be traced back to 4,000 BCE in Ancient Egypt, where yeast was used to produce bread. Brewers were able to culture their yeast colonies by morphology after Anton van Leeuwenhoek discovered the microscope in 1676. (Or by its physical appearance). Brewers were able to make diverse tastes by segregating colonies based on their morphologies.
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Global Saccharomyces Cerevisiae Market Overview
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
For the projected period, the Global Saccharomyces Cerevisiae Market is expected to grow at a steady rate. Increased use of alcoholic beverages, bakery goods, and other similar products is expected to drive product demand. The demand for Saccharomyces Cerevisiae in the end-use industries has a significant impact on its production and consumption. As a result, changes in end-user demand are expected to have a direct impact on Saccharomyces Cerevisiae demand and prices. Furthermore, supply chain disruptions, such as difficulty acquiring raw materials due to trade restrictions and inconsistency in logistics services, are projected to negatively impact the food & beverage market, affecting overall product demand.
One of the primary elements driving the shift toward sustainable chemicals is the variable price of ethanol and feedstock. Because of the rising demand for food and animal products, Saccharomyces Cerevisiae consumption is predicted to increase dramatically in the next years. Furthermore, rising demand for food and beverage items will drive market growth, thanks to increased consumer disposable income levels, constant product innovations, and strong market penetration across various regions. One of the most important applications for Saccharomyces Cerevisiae is biofuel generation.
However, due to the pandemic, cleaning sector demand is expected to increase dramatically worldwide. Since the first decade of 2020, increased consumer awareness of cleanliness and sanitization has resulted in a significant demand for Saccharomyces Cerevisiae. However, due to improved consumer awareness, the industry is expected to follow similar trends in the following years. Other important application categories, including food and cleaning, and disinfection, are likely to increase significantly in the next years. Growing worries about the environmental impacts of petrochemicals have prompted the adoption of bio-based and sustainable chemicals.
To reduce carbon footprint and reliance on petrochemicals, the industry has moved its focus to the creation of biodegradable products and basic chemicals using bio-based raw materials. Strict rules surrounding the usage of petrochemicals are likely to have a beneficial impact on the overall market during the forecast period, owing to the rising demand for renewable energy sources. With a large number of small-scale regional and worldwide companies, the global market is extremely competitive.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interest the client. The “Global Saccharomyces Cerevisiae Market” is mainly bifurcated into sub-segments that can provide classified data regarding the latest trends in the market.
Global Saccharomyces Cerevisiae Market: Segmentation Analysis
The Global Saccharomyces Cerevisiae Market is Segmented on the basis of Product, Application, And Geography.
Saccharomyces Cerevisiae Market by Product
• Yeast extracts
• Yeast autolysates
• Yeast beta-glucan
• Other yeast derivatives
Global Saccharomyces Cerevisiae Market is segmented into Yeast extracts, Yeast autolysates, Yeast beta-glucan, and other yeast derivatives on the basis of Product Type. Because of its expanding use in the food industry for delectable culinary products, yeast extract has the biggest market share. Furthermore, yeast extract’s nutritional, natural, and vegetarian components, such as vitamins, minerals, amino acids, and carbs, boost its global sales. The growing demand for peppery and spicy flavors in the food industry, as well as the use of these fungi in the production of ethanol, wine, beer, and other beverages, will boost Saccharomyces Cerevisiae’s market share.
Saccharomyces Cerevisiae Market by Application
• Food
• Bakery
• Functional foods
• Savory
• Beverages
• Feed
• Others
Global Saccharomyces Cerevisiae Market is segmented into Food, Bakery, Functional foods, Savory, Beverages, Feed, and others on the basis of Application. Over the projected period, the Food, Bakery, and Feed segments are expected to grow at the fastest rate. This is because there is rising demand for bakery products, high-quality animal feed, and increased alcoholic beverage consumption. Saccharomyces cerevisiae is used in a variety of food applications due to the increased desire for peppery and spicy flavors. It is utilized in the beverage industry for wine and ethanol production.
Saccharomyces Cerevisiae Market by Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
Global Saccharomyces Cerevisiae Market is segmented into North America, Europe, Asia Pacific, and the Rest of the world on the basis of Geography. Over the forecast period, Asia Pacific is expected to grow at the fastest pace. Asians’ work-oriented lifestyles, longer working hours, and rising disposable income are expected to boost demand for ready-to-eat and convenience foods, influencing the specialty yeast industry. In addition, the growing number of manufacturers implementing cutting-edge business techniques to improve specialty yeast production would boost the market in the Asia Pacific even more. Growing public health awareness and desire for natural food items are driving growth in the specialized industry in the region.
Key Players
The “Global Saccharomyces Cerevisiae Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Lesaffre, AB Mauri, Lallemand, Leiber, Pakmaya, Alltech, DCL Yeast, Algist Bruggeman, Kerry Group, Kothari Fermentation and Biochem, Angel Yeast, Bio-Strath, Ohly.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Key Developments
• In March 2019, Lallemand Biofuels & Distilled Spirits (USA) teamed up with BioTork LLC (USA) to develop improved yeast strains for the ethanol industry.
• In January 2019, Ohly (Denmark) and Lallemand (Canada) announced strategic cooperation to divest Ohly’s Hutchinson Torula Yeast facility and associated Torula whole-cell business in the United States. The long-term supply agreement between these organizations aims to help Ohly by ensuring the site’s long-term security.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2018-2030 |
| BASE YEAR | 2021 |
| FORECAST PERIOD | 2022-2030 |
| HISTORICAL PERIOD | 2018-2020 |
| KEY COMPANIES PROFILED | Lesaffre, AB Mauri, Lallemand, Leiber, Pakmaya, Alltech, DCL Yeast, Algist Bruggeman, Kerry Group, Kothari Fermentation and Biochem |
| SEGMENTS COVERED | • By Product Type |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
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Exploratory data mining
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Data Collection Matrix
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Econometrics and data visualization model
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Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
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We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
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The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
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- Established market players
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- Network participants such as distributors
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The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
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Industry Analysis Matrix
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